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Oct 5, 2012
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and other refinery issues in california and jane wells is at a gas station in northridge, california. is it open, jane, because i hear some gas stations are actually closing. >> yes, they are and they're lining up at this gas station this morning like they're selling iphones, trying to get in while supplies gas. the cheapest price is $4.42. i snapped a photo. gas is now topping $5 a gallon in many places. they're calling it a perfect storm. refinery -- california refines its own special gasoline. you've got these refinery problems, you mentioned and issues are happening at the same time that the state is transitioning over to mandated winter blends and the result is record-high prices and that also means some stations are running out of fuel because they don't have it. they are shutting down and it's concentrated in southern california. costco tells us 16 of its gas stations have had to close for now. that's 40% of the stores stores have in southern california including in the san fernando valley where they said they don't know when they will be resupplied. this is the life blood. >>
and other refinery issues in california and jane wells is at a gas station in northridge, california. is it open, jane, because i hear some gas stations are actually closing. >> yes, they are and they're lining up at this gas station this morning like they're selling iphones, trying to get in while supplies gas. the cheapest price is $4.42. i snapped a photo. gas is now topping $5 a gallon in many places. they're calling it a perfect storm. refinery -- california refines its own special...
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Oct 15, 2012
10/12
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another california pension fund, the california public employees retirement system, which has $273 billion under management, is opposing the re-election of rupert murdoch and his sons james and lachlan from the board. this according to the telegraph. they have not responded to request for comment. these two join a broad list of investors against the murdoch family control. proxy advisory service glass lewis and british hedge fund hermes have come out in opposition to his role as chir. christian brothers investment services gathered 18 investors with more than $1.6 trillion in assets under management and $13.4 million news corp. class a shares. they expressed support for an independent chairman. opposition to murdoch's control of the board has been growing since the phone hacking scandal in news of the world last summer though there was opposition to murdoch at last year's meeting. this is the first meeting to include resolutions against murdoch on the proxy voting form that allows investors to vote against murdoch without traveling to los angeles. but the murdoch family is unlikely to be o
another california pension fund, the california public employees retirement system, which has $273 billion under management, is opposing the re-election of rupert murdoch and his sons james and lachlan from the board. this according to the telegraph. they have not responded to request for comment. these two join a broad list of investors against the murdoch family control. proxy advisory service glass lewis and british hedge fund hermes have come out in opposition to his role as chir. christian...
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Oct 22, 2012
10/12
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i mean, fire, flare, but if they get california open, then i think you will see a decline. not in time for election. >> also, mexico, remember, just near the u.s. border has announced it's opening refineries. there's been so much pressure, increasing refinery pressure in the u.s. hasn't been able to happen but if you have that capacity coming online in mexico or that region, it will be another source of downward pressure on prices. >> we've become -- untold story. one candidate, wake up, huge exporter of refined products. this is a disaster because we have jones act doesn't let us take ships up to the east. we don't have the pipeline capacity. so we're shipping frantically refined product. >> that's one of the reasons the consumer here in the u.s. hasn't seen so much relief. so much of the product is being exported. it's interesting the way consumer sentiment held up, despite the fact gasoline has been making new monthly fresh highs. if that continues going into the holiday season, you see the forecast going up 4%, they don't look too stretched. >> we talk about the refi, q
i mean, fire, flare, but if they get california open, then i think you will see a decline. not in time for election. >> also, mexico, remember, just near the u.s. border has announced it's opening refineries. there's been so much pressure, increasing refinery pressure in the u.s. hasn't been able to happen but if you have that capacity coming online in mexico or that region, it will be another source of downward pressure on prices. >> we've become -- untold story. one candidate,...
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Oct 2, 2012
10/12
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had the least -- you sold more than $1600 for the year, are most of those sales primarily coming in california? and how much is being juiced by the leasing deals you're petting out there in order to bring people in with massive discounts? >> a lot of the estimates, incentive spend or overstated are quite frankly, bill. new technology, but but we have to take a much longer approach with the vehicle. a halo here, the elec strks rication of a month's story. we feel good because it set a record. >> kurt, i understand where you're coming from. what is the average incentive for the bull market? what's the average cash on the moot market or anything that we would put on a given vehicle. >> it is competitive to be in the marketplace. it is a much bigger story to tell than just a monthly story. that is technology that we need to continue to grow both in the u.s. and globally. and we'll continue to do that. >> kurt mcneil, joining us from general motors headquarters when sales numbers went up just a smidge. melissa, back to you. >>> thank you, phil lebeau. we have another dose of breaking news. let's go
had the least -- you sold more than $1600 for the year, are most of those sales primarily coming in california? and how much is being juiced by the leasing deals you're petting out there in order to bring people in with massive discounts? >> a lot of the estimates, incentive spend or overstated are quite frankly, bill. new technology, but but we have to take a much longer approach with the vehicle. a halo here, the elec strks rication of a month's story. we feel good because it set a...
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Oct 3, 2012
10/12
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a lot more on california's state of pain next. and then later, what if you could get data on your cell phone to check the web, update your facebook page for nearly free? we we will tell you how. mike rowe here at a ford dealer with a little q&a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and servic
a lot more on california's state of pain next. and then later, what if you could get data on your cell phone to check the web, update your facebook page for nearly free? we we will tell you how. mike rowe here at a ford dealer with a little q&a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone...
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Oct 1, 2012
10/12
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. >> now we've got car driving themselves on route 1 in california thanks to google. >> take a look at shares of oracle, surging today on the first day of its open world conference. it's up 1.6%. really nice, strong gain, bucking the trend amongst its peers, as well as a broader market. one of those ipos going to hit the market workday. that's a cloud play, expected to be a hot ipo. in fact, people are already estimating that revenues will hit $1 billion by 2015. so workday is that ipo. could be in oracle's back yard in terms of competition. >> i find it amazing. oracle's application growth was nil. and there frankly is not -- the growth tends to be acquisition growth. and people love it. they don't look through the numbers. one of the frustrating things for the purists is there wasn't a lot of growth in oracle and the stock didn't get hit. this is a remarkable time, guys. here you don't have the classic what you want to see from tech, which is good revenue growth and no one seems to mind. >> i think in certain companies, investors are willing to look past. that's oracle, that's amazon
. >> now we've got car driving themselves on route 1 in california thanks to google. >> take a look at shares of oracle, surging today on the first day of its open world conference. it's up 1.6%. really nice, strong gain, bucking the trend amongst its peers, as well as a broader market. one of those ipos going to hit the market workday. that's a cloud play, expected to be a hot ipo. in fact, people are already estimating that revenues will hit $1 billion by 2015. so workday is that...
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Oct 24, 2012
10/12
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what a beautiful day it looks like in california. >>> facebook bouncing back, can it prove itsity itcritics wron the long run? >>> and a wall street trading legend, hedge fund guru tpg-axon's dinakar singh. we're back after a short break. , or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> shares of facebook soaring on track for their best percentage gain in their short life as a public company, beating third quarter expectations, showing they can make some money from mobile advertising. there's a look at the shares at 23.85. michael packard is an analyst at web bush securities, had a bye rating on the stock since before the ipo and michael you almost apologized to investors for wanting to buy the stock so early on, riding it through the summer. is today your moment to shine in the sun? is this today your make good
what a beautiful day it looks like in california. >>> facebook bouncing back, can it prove itsity itcritics wron the long run? >>> and a wall street trading legend, hedge fund guru tpg-axon's dinakar singh. we're back after a short break. , or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter...